Use the following information to answer Question 1 and 2.
Harrison Company has a loan receivable with a carrying value of $15,000 at December 31, 2013. On January 3, 2014, the borrower, Thomas Clark Imports, declares bankruptcy, and Harrison estimates that it will collect only 60% of the loan balance.
-Which of the following entries would Harrison make to record the impairment under IFRS? 
Definitions:
Hypertensive Crisis
A severe and sudden increase in blood pressure that can lead to stroke, heart attack, or other critical conditions if not promptly treated.
Second-generation Antipsychotic
A category of antipsychotic drugs developed more recently that exhibit fewer side effects than first-generation antipsychotics.
Schizophrenia
A complex psychiatric disorder involving chronic or recurrent psychosis, characterized by hallucinations, delusions, and cognitive impairments.
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